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MSNBC
Nov 27, 2012 12:00am PST
. medicare, medicaid, these are chief drivers of the deficit. there's other spending we have to cut. >> hold on a second. i think that we all know what the chief drivers of our deficit are and have been. our projected deficit has driven by the wars and the bush tax cuts. entitlement programs don't even compete with these costs. plouffe went on to pin the problem largely on republicans who are not flexible, but he also said this. >> where the big bottleneck is republicans in congress around revenue and how much and where does it come from, democrats are going to have to step up and do some tough things. and the notion that somehow that these deficits and our debt are not a threat to our national security on our economic future is something i cannot disagree with more strongly. there are some commentators on the left that suggest that. that we shouldn't deal with that at all. >> voices on the left are not saying the deficit is not a problem for our future. progressives understand we need to deal with our debt, but progressives don't want to see the burden of deficit reduction put on the backs
FOX News
Nov 27, 2012 6:00am PST
serious reform from medicare. martha, i have to tell you. i got new numbers from medicare, from trustees, actually. medicare has to pay out in the future $42 trillion. that is money which it does not now have. so you can see that this is very serious issue. cuts in spending, cuts to medicare. who will make them? it is very serious because what that kind of money outstanding you need some kind of an agreement and fast. the bottom line right now, martha, it is again an impasse. martha: that's a huge number, stuart. it was about 38 trillion just less than a year ago i believe. >> yes. martha: so that number has really ballooned to 42 trillion as stuart shares with us in terms of those numbers. let's go back to the republican side for just a moment because i think there is a discrepancy in terms of the understanding what republicans seem to be agreeing to do. there is difference between raising tax rates which they have said they will not do. so i don't see any ground being ceded on the raising of tax rates for the wealthy but the changing of loopholes that would indeed, would that
FOX News
Nov 27, 2012 12:00pm PST
campaign people love medicare but an expert said today a lot of that is because for every dollar you put in most members get $3 back and that is unsustainable. when you start talking about entitlement reform, a lost groups and seniors get upset. >>shepard: there is a move problem, but don't mess with my math. where do the lawmakers stand? >>reporter: coburn told me, who you heard a moment ago, he could cut $600 billion out of the federal government and almost no one would notice. some democrats, they seem to think this could be some savings had at the pentagon. >> there isn't anyone left right or center who wants to compromise america's national defense but to believe that having ended one war in iraq and ending another in afghanistan and reassessing our role in the world we cannot find savings in the pentagon is not affair assessment. >>reporter: i have heard that from others, as well, after two wars, after the great expansion of our military over the two wars, there could be some savings to be had but at this point a lot of discussions are going on, a lot behind closed doors and not a
CBS
Nov 26, 2012 5:30pm PST
tax revenue if democrats agreed to controlling the cost of medicare and medicaid. >> there's a right way to do this and there's a wrong way to do it. but at the end of the day, nancy what's got to happen is whoever's right or wrong here we've got to get the economy going again. >> reporter: chambliss and virginia democrat mark warner head up the senate's gang of eight-- four democrats and four remembers who have worked for two and a half years to find a bipartisan approach to debt reduction. do you think your democratic colleagues are going to be willing to entertain discussion of social security reform, medicare reform as part of this deal? >> listen, i think anyone that looks at our entitlements, medicare, social security, other programs, they're great programs. but the math just doesn't work anymore. not because the programs are bad but because thank goodness we're living a lot longer than we were when these programs were established. >> reporter: republicans may be more open now to raising tax revenue, but that doesn't mean they support raising tax rates for the wealthy. th
MSNBC
Nov 27, 2012 11:00am PST
plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> welcome back. thousands of protestors are rallying for a sixth day in tahrir square and bigger protests for friday. they continue to demand na egypt's new president revoke the decree issued last thursday giving himself near absolute power. another protestor died today in a
FOX News
Nov 27, 2012 8:00am PST
us greece is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track. jon: so is the u.s. economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist for "the hill", a.b. stoddard. so what are the folks that you cover there on capitol hill, what are they saying about the prospects here? >> well, in the last 10 days it starts to sound more and more like democrats don't really have a problem with going over the slope or the cliff. they won't really admit that but it seems that they're not working so hard to stop it. you see the white house trying to tell americans that there is going to be such a steep tax increase on the middle class that it
MSNBC
Nov 27, 2012 1:00pm PST
kind of grand bargain where you're cutting medicare and medicaid, we're talking about people's lives and health care. this is part of the reason why the president doesn't want social security to be part of it. why folk on the left are still angry that something like medicare or medicaid are sort of used as false equivalencies with tax increases. we have to think about people's real lives and health care really addresses those issues versus wealthy folk paying a little more. >> david, if that's the case, if professor peterson is right, why then did the president when he was in the process of negotiating a grand bargain with speaker boehner, agree to suggest or even imply that, for example, the age of qualification for certain of these entitlements would go up? >> the president has decided that the way to deal with this overall, i'm not saying this is right or wrong, is that we have divided government which means we're going to try to take care of the deficit and the tax cut and also the debt ceiling issue all at once. he tried to do that two summers ago and came close and he felt you
MSNBC
Nov 26, 2012 8:00pm PST
engage in entitlement reform. you know? medicare, medicaid carefully, these are chief drivers of our deficit. we made a lot of progress with obama care and there's other spending we have to cut. >> hold on a second. i think we all know what the chief drivers of our deficit are and have been. our projected deficit over the next seven years is driven mostly by the wars in iraq and afghanistan and the bush tax cuts. entitlement programs don't even compete with these costs. plouffe went on to pin the problem largely on republicans who are not flexible on higher tax rates, but he also said this. >> and so where i think the big bottleneck right now is republicans in congress on revenue and how much and where does it come from. democrats are also going to have to step up here and do some tough things. and you know, the notion that somehow that these deficits and our debt are not a threat to our national security and our economic future is something i could not disagree with more strongly, as does the president. there are some, maybe not so much in our party but some commentators on the
MSNBC
Nov 27, 2012 9:00am PST
pills. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. g
ABC
Nov 27, 2012 1:40am PST
needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call toda
ABC
Nov 27, 2012 4:00am PST
. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> welcome back, everybody. well, the biggest online shopping day in history has just ended. the cyber monday numbers aren't all in just yet. but it ap
FOX News
Nov 27, 2012 1:00pm PST
entitlement reform on the table we are not very serious. we know that medicare and social security are going to grow. >>neil: thank yous senator. normally, you know with every prominent guest i write them a thank you note and you just let me know, you don't like it, you don't --. >>guest: no, it is not that. i don't want you to take your time that you have to devote to and talking to grover norquist and all the other things. that is all. i do appreciate the opportunity of being on your show and i think you do a great job and you are a fund guy. >>neil: it is fun to cut out magazine letters circumstances. john mccain, senator, and former presidential candidate. thank you. go for the hikes, just keep your hands off entitlements, unions are sending that message to congress. is congress listening? republican senator rand paul says they better not listen to that. ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday st
Current
Nov 27, 2012 3:00am PST
entitlement reform. by entitlement reform, let's be honest. they mean getting rid of medicare, getting rid of medicaid. >> structural reforms. >> bill: and privatizing social security. >> it was good to hear yesterday jay carney the white house press secretary, i don't know if you were there. taking social security off the table. it's not a problem. it hasn't contributed to the deficit. that's off the table. they're open to medicare. they've been open to changing provider payments which there is a lot of waste there. encouraging pharmacy companies to give medicare and medicaid better rates. those are all positive reforms. those are big savings. so we can take and find savings from the provider side. it is when you go after the beneficiaries that you run into problems but look, you know, romney ran an entire campaign hitting democrats for cutting $716 billion out of medicare. now they turn -- republicans backed that view we shouldn't touch medicare at all. now they turn around and say you have to cut medicare. it is as if the 716 debate we had for months didn't happen. >> bill: we know -- you
MSNBC
Nov 27, 2012 10:00am PST
day you can switch your medicare part d plan. we're ready, and we can't wait to switch. [ male announcer ] make the switch to an aarp medicarerx plan, insured through unitedhealthcare. open enrollment starts october 15th and ends december 7th. call now for a free information kit. discover why these part d plans are so popular. what i wanted was simple: the most value for my dollar. so, now that it's time, we're making the move to a plan that really works for us. plus, we'll be covered at like 60,000 pharmacies. [ male announcer ] call now and get predictable copays and plans with no deductible. you can start saving with your first prescription. aarp medicarerx plans include nearly all the drugs covered by medicare part d, so why wait. call now. [ man ] december 7th is coming. i'm glad we're switching. [ male announcer ] call now, ask about the lowest part d premium in the u.s. aarp medicarerx plans insured through unitedhealthcare. call today. ♪ i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. wh
MSNBC
Nov 27, 2012 8:00am PST
responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> breaking news from egypt. thousands of protesters gathered in tahrir square. 6:15 at night there, many have been chanting step down in reaction to the decree issue by egypt's new president that grants him absolute power. the sixth straight day of protest after morsi issued his decree last thursday. earlier today, the protest turning violent on a street near tahrir square. at least three protesters have been killed since the weekend. nbc live from cairo. and the crowd in tahrir square has been growing, building over the past hours. explain what we're seeing now. >> reporter: well, behind me, probably tens of thousands of egyptians have gathered, been here since the early hours of the morning. in fact, some have been camped out for the past six days. many songs, chants, slogans reminiscent of two years ago, calling on the same things they did two years ago, which is for the president of egypt to step down. they'
FOX News
Nov 27, 2012 10:00am PST
security and medicare, make some defense cuts if you have to but we'd rather just see the rich get taxed and the near rich get taxed if we have to do that. >> the numbers do not add up, the left is being fundamentally dishonest. they are saying you don't have to cut social security or medicare or medicaid to get the deficit down, all you've got to do is tax the rich some more. they are recklessly suggesting that we go deeper and deeper and deeper into debt heading towards bankruptcy. the numbers, megyn are stunning. we have an unfunded liability for medicare of $42 trillion. an unfunded liability for social security of $20 trillion. and a further 20 trillion for unfunded pensions for federal employees, that adds up to $86 trillion which are committed to pay in the future and the money we do not have. therefore, you cannot just tax the rich to get rid of the deficit. you simply can't do that. the numbers don't add up. megyn: chris, what do you make of this, the president is now going to go out on what looks like sort of like a campaign stop on friday to pennsylvania. he already had this m
FOX Business
Nov 27, 2012 5:00pm EST
. ♪ . [ male announcer ] if you're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consir an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance compan like all standardized medicare suppment plans, they cover some of what medicare doesn't p. and could save you in out-of-pocket medical costs. call today to request a free decision guide toelp you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions whhave already enrolled in the only medicare supplement pns endorsed by aarp, an organization serving the needs of people 50 an
PBS
Nov 27, 2012 3:00pm PST
curbs on social security and medicare benefits. corker joined several republican senators and house members who have suggested they might abandon a longstanding pledge not to raise taxes. but the author of that pledge, conservative lobbyist grover nor quist, played down any hint he's losing influence. he called it, quote, a complete media-created frenzy. on the left, democratic senator dick durbin of illinois urged liberal groups to give way on their opposition to changes in medicare and medicaid. >> we cannot standby on the side lines in denial that this is ever going to engage us in the things that we value. we can't be so naive to believe that just taxing the rich is going to solve our problems. wlook to reform and change that is significant, that preserves many of the values and programs that brought us to political life. >> brown: for his part senate page ontario leader harry reid declared himself extremely hopeful even as the end of the year and the end of the current congress rapidly approach. as this debate has unfolded we've been sample ago variety of voices of on what shou
CNBC
Nov 27, 2012 3:00pm EST
medicare. if more sign on to his way of thinking, are we sure to go over the fiscal cliff? >>> defense companies are hoarding cash ahead of the fiscal cliff as well. could they be the next companies to reward shareholders with big, special dividends, or are they worried they'll need the cash because a bad storm is approaching courtesy of the fiscal cliff? back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades.
CSPAN
Nov 26, 2012 8:00pm EST
compromise and where we are. mr. speaker, saving social security and medicare is a priority that i believe both political parties share, contrary to much of what has been put out there. it is something to address in this measure. we are going to be able to save social security and medicare. creating jobs -- democrats and republicans talk about that. how is it that we will be able to do that? getting our fiscal house in order is a very important step in our quest to ensure that the people who are hurting and looking for jobs will have an opportunity to get them. sending a positive signal to the global markets that we are the world's economic, military, and deal political leader by increasing the debt ceiling, we are sending a positive signal that we will continue meeting our obligations and responsibility. at the same time, dramatically reducing spending, the problem that has gotten us to this point, is what we're doing for the first time ever. after 75 times increase in the debt ceiling, we are finally getting to the root cause. the problem is our debt. we are going to turn a corne
FOX News
Nov 27, 2012 2:00pm PST
. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: brian, start with you, today. >> dana: you look surprised. >> brian: i am. yet honored. >> dana: do you think they are closer to a deal? after thanksgiving people get back to work. >> brian: i was encouraged when i pick up the papered president is working with people. but then i p
CNN
Nov 27, 2012 1:00am PST
, serious cuts in medicare, medicaid. will the liberal base of the democratic party go along with the president if he puts that into the deal? >> probably not. and part of the reason is because the democrats are in such a much more commanding position. you're talking about medicare, medicaid, social security. these are programs that are popular and working. if you look at social security, cbl says this program is solvent until 2038. you have a hard time convincing ordinary people there's some big emergency there. the tax cuts for the wealthy are budget busters. you have a hard time getting ordinary people to understand why we should take a chainsaw to middle class programs that are working, that are popular. to get republicans to do something that right now they're going to have to do anyway once january 1 comes. >> what will the democrats do to bring in the republicans to convince the republicans they're really going to cut spending? >> i think the spending cuts are on the table now with regard to defense. which i think is appropriate. 75% of americans say defense should be cut. you'
MSNBC
Nov 27, 2012 6:00am PST
you've meant medicare and medicaid. >> i refer to health care programs and i think the president has long made clear that he is open to discussions about strengthening social security as part of a separate tract. we should address the drivers of the deficit and social security is not currently a driver of the deficit. >> they made that abundant ly clear. when they say entitlement reform it does not include social security and what they define it as. grover norquist is having to defend himself after several prominent senate republicans indicated a willingness to break his famous pledge, arguing republicans who agree to tax hikes just like they did under president bush. >> it is important that the republicans don't have their fingerprints all over the murder weapon, their fingerprints all over a lousy budget deal with tax increases and no real spending, just as happened to republicans in 1990 which cost us the presidency in '92. >> "the wall street journal" defends norquist today writing, quote, the voters are smart enough to know that republicans who focus on mr. norquist are part of
MSNBC
Nov 27, 2012 3:00am PST
the retirement age of medicare, might fold parts of medicare into one, so you can get efficiencies. that will be on the table. there's going to be cuts. and i don't think it's a mystery about how big the tax increase is going to be. john boehner says 800 billion, the president puts down a $1.6 trillion marker. doesn't take einstein to figure out you get $1.2 trillion. to me, that's going to be the size of the tax increase. you have warren buffett on later today. i think his op-ed in the "new york times" is one of three live options for how you get there. a flat minimum tax for rich people or some cap on deductions, which i think is going to becoming increasingly appealing to lawmakers as they try to solve this or flat out increasing the rates, which is a non-starter for a lot of republicans. i think you're going to see a slightly higher rate with some kind of cap on deductions or alternative minimum tax for rich people. >> a combination of those two. we've got a lot more to talk about with you. monday night football highlights the eagles showing they don't need michael vick to lose
ABC
Nov 26, 2012 11:35pm PST
local mercedes-benz dealer. at your local of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> we know how the hunt for osama bin laden ended, with a dramatic raid by elite s.e.a.l. team six but just how bin laden was found and killed remain largely a mystery. now, it's the subject of a new movie by the director and screenwriter behind the oscar-winning movie "the hurt locker." abc's senior foreign correspo
PBS
Nov 26, 2012 4:30pm PST
avoid the fiscal cliff will slice away aone of the nation's most popular programs. >> medicare is clearly in the gunsights. >> reporter: it's possible congress and the president could agree to save $300 to $400 billion from medicare by cutting fees for doctors and hospitals. but analysts worry slashing payments won't make the health care system more efficient. >> this is not really a way to structurally change medicare and if you don't change the underlying incentives, you don't get long-term savings. >> reporter: progressives at the center for american progress say the government could save close to $150 billion by squeezing the prices the government pays for drugs. but many of the president's allies reject the idea of aggressively raising co-payments for patients. and they also consider benefits based on a patient's financial situation a risky idea. >> if people want to ask the wealthy to pay more, the time to ask them to pay more is when they can afford it, which is to say when they are working, not when they are retired. so they way to do that is to ask them to pay a little bi
MSNBC
Nov 27, 2012 7:00am PST
, republicans want changes to medicare and medicaid, cuts they say will keep both of them solvent for future generations. in exchange, one possible deal would eliminate deductions for the wealthy, maybe even the very popular mortgage deduction. and while republicans have been more open to revenue, that does not mean tax rate increases. many democrats insist that tax rates for the wealthiest americans absolutely have to go up. but they don't necessarily agree on how much they should rise. let me bring in usa today's washington bureau chief, susan page, and ryan grim. good morning to both of you. >> hey, good morning. >> good morning. >> we've laid out some of the basics there and warren buffett was out this morning talking about taxing the wealthy. he says there should be a minimum tax on millionaires. take a listen. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes, and then they've watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> you kno
KOFY
Nov 27, 2012 11:30am PST
and i needed help figuring out what's covered by medicare and what's not. so we turned to the same folks we've relied on for health insurance all these years. announcer: ron and carol called anthem blue cross and found an affordable medicare plan that pays for some costs original medicare won't. now they can keep making memories for years to come. choose from plans offering protection from high out of pocket costs plus include prescription drug coverage with your monthly premium. get the freedom to keep the doctors you already trust. if you're eligible for medicare we'll help you find a plan that fits your needs. call or go online now to get answers. you only have until december 7th to enroll. >>> alarming new study says parts of the bay area have higher rates of breast cancer. it finds the western half of contra costa county, northern alameda and parts of santa rosa and san mateo counties have rates 10 to 20% higher than the state average. the study didn't identify the reasons why, experts say one possible explanation is economics. women in some of these areas are more likely to b
MSNBC
Nov 27, 2012 2:00pm PST
programs like social security and medicare. joining me is a liberal senator from rhode island, senator sheldon whis whitehouse of rhode island. you're smiling but i don't know whether it's in delight you're going to be a holdout. a friend of mine, frank sullivan, regularly tells me about the unemployment situation in your state, the need a lot of seniors have to have rely on medicare and medicaid and social security. is that going to be your position. no deal if it involves those programs? >> well, i think the president has already said that social security should be outside of this discussion. it has not contributed to the deficit, and it shouldn't be part of the discussion. i think the press office said that the other day. we completely agree with that. we should set social security aside. it is solvent for decades and by simply kicking in the social security tax above $250,000 you can make it solvent or decades more. so that's less of an issue i think in reality than it is in the long time republican desire to attack it whenever they can. remember, this is a party that trie
CNN
Nov 27, 2012 12:00am PST
out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. ♪ ♪ every time he drinks he thinks of her ♪ ♪ but every morning her memory fades away ♪ >> every time he drinks he thinks of her. >> willie's son lucas nelson wrote it. with me now, talented guys your sons? >> yes. >> one
CNN
Nov 27, 2012 9:00am PST
drug trade. [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. plus with the pha
FOX News
Nov 26, 2012 10:00pm PST
reform entitlements. what will make us grief is not raising taxes or medicare or social security n. 30 years, medicare and medicaid alone will consume all the revenue coming in taxes. these are unsustainable entitlement programs. they have to be reformed to save the program and to keep the country from going into a greek-reich status. there are $8.6 trillion of unfunded like the in social security. to make it solvent the next 75 years, you valid to put $8 trillion in the bank today. for medicare, it's three times that, so if you don't reform entitlements, you will never avoid the coming grief. post-election, democrats have the wind behind their back, the president does on this. is there any appetite for this or is it going to be a bloodbath? >> a lot of democrats understand that medicare -- social security runs out of money in 2033. medicare runs out of money in 2024. so these programs literally go bankrupt. if you want to save them, you have to restructure them. younger people need to work longer. me and you, we make enough money to pay more into the system without losing our quality
MSNBC
Nov 27, 2012 12:00pm PST
of the past century, social security and medicare, on the chopping block in exchange for that. that shouldn't be in exchange for that, because if we simply do nothing, the republicans lose everything they want. >> such a great point. dan, speaking of republicans not recognizing the new reality, grover norquist has been furiously trying to spin the fact that there are several senators and members of congress who are moving away from his sacred pledge. let's take a listen to a little bit of grover. >> the pledge is not for life, but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. no pledge taker has voted for a tax increase. they've had some people discussing impure thoughts on national television. the same thing with other people who are elected because they made that written commitment to the people of their state. >> that sounds like a threat. >> why does he keep making this romantic sexual thing? >> don't m
FOX News
Nov 27, 2012 3:00pm PST
including social security, medicare and federal employees future retirement benefit exceed $86 trillion." the second ranking senate democrat is for addressing entitlements but not now. >> medicare and medicaid insure one-third of all americans. they represent about 20% of our budget. and they are a real challenge to us. because untouched unamended medicare will run out of money in 12 years. that is scary. >> though as the negotiations continue, durbin does suggest that obamacare is on the table. >> the only perfect law i know was carried down mountain on a stone tablet by senator moses. everyone else has define their very best to write a good law and realizes oaf time changes have to be made. i'm open to whatever, you know, elements we need to reconsider there. but i think we have the right starting point. >> much of the anxiety in washington seems to be over not knowing the details of the president and speaker boehner's negotiations. lawmakers on both sides suggest it could be a good thing. they are talking to each other and not leaking. >> mike emanuel live on the hill. thank
FOX Business
Nov 27, 2012 1:00pm EST
highest average star rating among national medicare companies... and become the first and only naonal medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result n the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter mos i love you, grandma! [ male announcer ] humana. ♪ >> i'm liz macdonald with your fox business brief. it is a mixed afternoon on wall street. the dow is down 25 points to 12,942. consumer confidence climbing to nearly five-year high as americans become more optimistic about the outlook for the u.s. cone my. the conference board november reading coming in better than expected at 73.7. that is highest reading since february 2008. >>> small business saturday is starting to draw more shoppers nationwide that want to spend holiday dollars at local stores. according to the nfib and american express, five 1/2 billion bucks of the total thanksgiving weekend sales were small business saturday related. president obama is meeting with sma
FOX Business
Nov 26, 2012 11:00pm EST
, and dan mitchell, rich, i have not even got into investor related taxes that goes up, medicare surcharge for well to do, i can go on and on with what states are doing with millon air taxes and the like that go -- are republicans missing this? >> you know, when you come int this argument, republicans are sort of going into this branding it as a revenue increase, they refuse to say tax increase, part of this, they say, you create a more efficient system in maybe you could lower rates maybe you get rid of some deductions, but that generates more economic activity, that is re money to be taxed. but, don't be mistaken, you are taking more money from the american population than you would be witho factoring in economic growth. talk about that cap, tax policy center says a 50,000 collar cap on -- 50,000 dollar cap on deduct, 750 bill i don't know over 10 years, that is real from come. neil: do you think that is what democrats are hinting at, when they say, it does not have to be a rate hike or bust? that they are quietly thinking, you know with this alternative, we could actually get
CNN
Nov 26, 2012 11:00pm PST
documents, talks about alteration and the eligibility age for medicare. now, this is budget talk. but one of the things that has been negotiated is gradually increasing the age to 67. that would save around $250 billion over ten years, so that's a significant concession. >> although gradually is a problem. this is like you know, the french. they take ten years. you've got to do it right away. >> that's there and there's the political reality. you know the old washington joke. a billion here, a billion there, then you're talking money. >> what about social security? >> talk about changing the benefit formula. change cpi. basically, what folks say is this could be a more accurate measure of inflation and if you put that in place, you could save $223 billion. if you raise the retirement age to 69 by 2075, it would affect toddlers today, no one else. >> you know what, toddlers, i'm going to move it to 59 today. >> this has democrats willing to take on their own special interests. it's a sense of where the argument could go. and neither democrats nor republicans want to be the ones to raise it. t
CSPAN
Nov 27, 2012 1:00am EST
eight months of wrong choices to the american people in two areas, jobs and medicare. house republicans made a decision. they were willing to close down the government, but they have not produced one single bill to open up small business in this country, not one to create jobs in this country. house republicans made a decision. they made a decision 20 years ago when they said they would allow medicare to wither on a vine. a fight that battle relentlessly everything -- every single day. trying to pass a ryan budget which would add $6,000 for metal costs -- medical costs for senior citizens. they made the decision going into the debate on the debt ceiling that they would rather close down the government. we are calling this accountability august. the american people are going to ask their republican members of congress everywhere they go, why did you vote to end by medicare? you could have stood with me, why did you stand with the big oil companies? when you could have protected my medicare, why did you protect corporate tax loopholes. i do not know what the -- loopholes? i do
CNBC
Nov 27, 2012 1:00pm EST
with medicare but these are points very difficult -- >> if you take medicare and medicaid off the table, then you got to do it three ways. you got to have entitlement reform, increased revenues, it seems and almost everybody says this and economic growth. >> correct. exactly right. you country have a deal if you don't have medicare at least on the table and probably medicare and social security. and frankly, you're not going to get a deal on those this year anyway. the sometime too short. this has to be something that comes around next year. >> what's wrong with the idea that wealthy beneficiaries of medicare, i am seven years away from taking it. >> don't look like it. >> thank you, man. we shouldn't have to pay more. shouldn't i? >> i think there's some truth to it that part a of medicare, the catastrophic coverage is free, if you will. we pay for it during our lives and don't pay anymore after we are retired. simpson boles suggested that, have wealthy people pay for some of that coverage? >> makes perfect sense. one of your theses here is that both sides, democrats and republicans, h
CSPAN
Nov 27, 2012 10:00am EST
medicare savings plans and we will address taxes, but we are ecstatic to have senator durbin here today. he has played such a central role over the last several years and he has literally been part of every conversation that has taken place and he is still here. that is a sign of progress. senator durbin has had a long history of being an advocate for the middle class and he has carried that advocacy in the budget negotiations. he was part of the supercommittee. he was in the fiscal gain of eight, every day involved in these issues. -- gang of eight and every gang involved. stands true for the values of the american people and those people who waited in line to vote in people who voted to want a fair shake out of washington. as a champion of that, and i'm excited to have senator durbin here with us. [applause] >> neera, thank you for those kind words. it's good to see you and be here at the center of american progress. thank you for all the work you do. elections, as you say, have consequences and politics is driven by a lot of things, but money, and many times by ideas and issues
CNN
Nov 27, 2012 11:00am PST
responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great
NBC
Nov 26, 2012 5:00pm PST
, but democrats are not willing to cut social security and medicare. and while some republicans agree the rich should pay more, they want to raise money by reducing deductions, not through higher tax rates. >> i don't care if you raised taxes 100% on the wealthy, you're not going to fix the deficit problem. >> the president has made clear that he will not sign a bill that extends the bush era tax cuts for those make mortgage than $250,000. >> billionaire warren buffett, an obama ally today wrote an editorial in "the new york times," calling for a higher minimum tax for the wealthy. >>> a shake-up in the middle east in politics today as an israeli moderate resigns. israeli defense minister ehud barack abruptly quit politics today, saying he'll only finish out his term. the obama administration had embraced him as a moderate influence on benjamin netanyahu's hard-line policies. meanwhile, a leader of hamas is warning that a fragile ceasefire in gaza could flare back into violence if negotiators don't come to agreement quickly. negotiations have to proceed through egyptian messager
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